What AI actually means for insurance

How can carriers maximize AI in the insurance workflow to solve client problems and enhance the overall process?

By Peter Gaillard|February 05, 2019 at 12:00 AM

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The ability to analyze countless data points almost instantaneously creates new and exciting ways for insurers to assess situations and predict patterns that humans could not do on their own. (ALM Media archives)

Artificial intelligence, commonly known as AI, has been perhaps the most “buzzed about” technology over the last year or two. With stunning applications ranging from always-on virtual assistants, to self-driving cars, and robo-advisors that manage entire investment portfolios, the future of an AI-powered world is no longer just science fiction. It’s a reality that’s making its presence felt across industries.